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Pre-open Outlook(16-02-2012)

Although Dow's Futures was whole day more than 60 points up but finally closed  93 points down yesterday and its Futures is also more than 45 points down today morning. Sentiment is weak today morning therefore all the Asian markets are trading flat to Red.

Expected that Nifty will firstly trade and prepare for next moves between 5495-5540 after Weak opening and sustaining beyond this range will be next immediate very short term move confirmation therefore should be firstly watched in 1st session today.